This research report titled ‘Automated
Oil Tank Cleaning System Market in EMEA 2017-2021’ provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. This market research report also includes up to date analysis
and forecasts for various market segments and all geographical regions.

The automated oil tank cleaning systems are used to remove sludge that
accumulates over the years at the bottom of crude oil and petroleum
product tanks. These are high pressure cleaning modular systems that can
clean all-size, fixed as well as floating-roof oil tanks. The automated
oil tank cleaning system manufacturers mostly sell their systems to
service providers that further enter into contracts with end-users. As
the crude oil prices will recover post-2018, the operational spending of
exploration and production (E&P) players will increase. Thus, more
contracts for industrial cleaning services such as tank cleaning will be
witnessed, which will drive the demand for automated tank cleaning
systems over the forecast period.

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The top three revenue-generating application segments of the automated
oil tank cleaning system market in EMEA are discussed below:

Upstream

Refineries and oil terminals are the major segments in upstream that use
automated oil tank cleaning systems. Refineries require tanks of
differing volumes to store crude oil and refined products. Cleaning of
tanks in the refineries is very important, as the accumulation of sludge
disturbs the accuracy in custody transfer and the data accuracy related
to space availability in tanks.

According to Raghav Bharadwaj Shivaswamy, a lead automation
research analyst from Technavio, “Owing to the increasing demand for
refined products in the Middle East and Africa, the respective
governments have come up with several new refineries plans over the next
five years. It is anticipated that, as new refineries will show up,
maintenance of existing refineries will also speed up, thereby providing
an opportunity for vendors of automated oil tank cleaning systems.”

Midstream

Ships are widely used to carry the crude oil from the production site to
the refineries in a different part of the world. The size of oil tankers
ranges from few thousand metric tons of deadweight (DWT) to 550,000 DWT
Ultra Large crude carriers (ULCCs). Oil tankers carry products ranging
from low-grade crude oil to refined petroleum products.

“Oil tankers carry raw crude oil that contains asphaltene compounds
and naphtha content that settle down and form a thick slurry. The
cleaning of these tanks is done on the ship with Crude Oil Washing
(COW). In the COW process, the crude oil tanker is cleaned with crude
oil cargo when the oil tanker is emptied. Same grade oil is again pumped
into the tank, preheated, and then sprayed on the walls of the tanker
with pressurized nozzles to wash away the sludge,” adds Raghav.

Upstream

The upstream segment includes the onshore and offshore oil production
activities that require tanks to store chemicals and crude oil.
Different sizes of tanks are used for application in offshore and
onshore activities. Onshore holds the maximum revenue share of the
automated oil tank cleaning system in the upstream segment than offshore.

Tanks are required to store the chemicals, such as barite and
bentonites, which are used to store the crude oil. Offshore production
terminals use Floating Production Storage and Offloading vessels (FPSO)
to store crude oil and carry it to the onshore processing units. The
tanks on FPSO are cleaned with automated oil tank cleaning system or
manually. The oil tank cleaning for offshore has the additional
challenge of corrosion. Thus, limited vendors provide services for
offshore vessel cleaning.

The top vendors highlighted by Technavio’s research analysts in this
report are:

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